Americans can expect higher wages as employment increased by 178,000 in June, according to ADP/Moody’s employment report.
“The hot job market has cooled slightly as the labor market continues to tighten,” said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute in a release. “Health care and professional services remain a model of consistency and continue to serve as the main drivers of growth in the services sector and the broader labor market as well.”
